Australia: Motorcycle And Scooter Market 2022

Motorcycle And Scooter Market Size in Australia

In 2020, after four years of growth, there was decline in the Australian motorcycle and scooter market, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the market value increased by X% year-to-year. Motorcycle and scooter consumption peaked at $X in 2019, and then reduced modestly in the following year.

Motorcycle And Scooter Production in Australia

In value terms, motorcycle and scooter production skyrocketed to $X in 2020 estimated in export prices. Over the period under review, production recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Motorcycle and scooter production peaked in 2020 and is expected to retain growth in the immediate term.

Motorcycle And Scooter Exports

Exports from Australia

In 2020, shipments abroad of motorcycles and scooters decreased by -X% to X units for the first time since 2017, thus ending a two-year rising trend. Over the period under review, exports, however, showed strong growth. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, exports attained the peak of X units, and then reduced modestly in the following year.

In value terms, motorcycle and scooter exports reached $X in 2020. Overall, exports, however, continue to indicate a temperate increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, exports attained the peak of $X. from 2019 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

New Zealand (X units), Japan (X units) and Hong Kong SAR (X units) were the main destinations of motorcycle and scooter exports from Australia, with a combined X% share of total exports. These countries were followed by Singapore, Pakistan, China and Taiwan (Chinese), which together accounted for a further X 2007 to 2020, the biggest increases were in Pakistan (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X) remains the key foreign market for motorcycle and scooter exports from Australia, comprising X% of total exports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total exports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual growth rate of value to New Zealand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+X% per year) and China (+X% per year).

Export Prices by Country

In 2020, the average motorcycle and scooter export price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price, however, recorded a noticeable descent. The growth pace was the most rapid in 2018 when the average export price increased by X% year-to-year. The export price peaked at $X per unit in 2008; however, from 2009 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Singapore ($X per unit), while the average price for exports to Pakistan ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese), while the prices for the other major destinations experienced mixed trend patterns.

Motorcycle And Scooter Imports

Imports into Australia

For the sixth year in a row, Australia recorded decline in supplies from abroad of motorcycles and scooters, which decreased by -X% to X units in 2020. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Imports peaked at X units in 2007; however, from 2008 to 2020, imports remained at a lower figure.

In value terms, motorcycle and scooter imports reduced to $X in 2020. In general, imports saw a pronounced contraction. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2009 to 2020, the growth imports failed to regain the momentum.

Imports by Country

China (X units), Japan (X units) and Thailand (X units) were the main suppliers of motorcycle and scooter imports to Australia, together comprising X% of total imports. These countries were followed by Austria, the United States, India, Indonesia and Vietnam, which together accounted for a further X 2007 to 2020, the biggest increases were in Indonesia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the United States ($X) and Austria ($X) appeared to be the largest motorcycle and scooter suppliers to Australia, together accounting for X% of total imports. These countries were followed by Thailand, China, India, Vietnam and Indonesia, which together accounted for a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average motorcycle and scooter import price amounted to $X per unit, which is down by -X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform